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Dec 5, 2012
12/12
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a new branch of this art palace has been completed in northern france. >> reporter: french president spoke to a lot of visitors at a ceremony on tuesday before the opening to the public next week. >> translator: because visitors and tourists will come here and companies will set up business thanks to the museum, it will be a source of economic developm t development. >> louvre was built so art centers will be centralized for as many people as possible to enjoy. exhibits include the virgin and child by davinci, leading the people, and about 900 other pieces from louvre paris and museums elsewhere. the art is displayed in chronological order. visitors can see the pieces in historical perspective. about 120 differing visions of building have been drawn up, a japanese architect went for the plan of a low rise structure covered with glass integrating the outside landscape into the inside atmosphere. >> translator: my aim was to design a building that harmonizes with the environment and also a place where relationships can be built between art and the people. >> translator: come to lawn, c
a new branch of this art palace has been completed in northern france. >> reporter: french president spoke to a lot of visitors at a ceremony on tuesday before the opening to the public next week. >> translator: because visitors and tourists will come here and companies will set up business thanks to the museum, it will be a source of economic developm t development. >> louvre was built so art centers will be centralized for as many people as possible to enjoy. exhibits...
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global system in the united states in brazil in south american countries more generally in australia in france which is a natural x. water. one hundred sixty countries are the two hundred ten or so worldwide that on that food importers and therefore couldn't go into more of the water because they ran out they didn't and they won't although we do have a lot of questions to ask and we've got to ask a lot of society and it's governments to make sure that society chooses to eat sensibly not waste and also get the farmers to be even more productive at the same time i was being good stewards of water damage and what do you think about that i mean just how scarce is water. well again scarcity is a rather problematic concept i mean typically when you see this case city that is just like people think of it in terms of physical schizo t. but i think but in terms of water it's a lot more complex if you world. scarcity is typically with relation to what you want to do with it in the arabian desert you want to do camel herding that is most cases to water but if you want to grow by by napoles or cotton in t
global system in the united states in brazil in south american countries more generally in australia in france which is a natural x. water. one hundred sixty countries are the two hundred ten or so worldwide that on that food importers and therefore couldn't go into more of the water because they ran out they didn't and they won't although we do have a lot of questions to ask and we've got to ask a lot of society and it's governments to make sure that society chooses to eat sensibly not waste...
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countries in the middle east and many other countries in the world and all the countries in europe except france can easily move into dependence on imported food which is huge volumes a good bet it will trade it without any politics or any anxiety so provided there is enough water in the global system that is not only the water we can see and drink water we can pump and move from the ground water off from the river or the water in the soil profile which nobody people don't count but which is responsible for most of our food production provided there is enough in the global system in the united states in brazil in south american countries more generally in australia in france which is a natural x. was. one hundred sixty countries are the two hundred ten or so worldwide that are net food importers and therefore couldn't go into more of the water because they ran out they didn't and they won't although we do have a lot of questions to ask and we've got to ask a lot of society and it's governments to make sure that society chooses to eat sensibly not waste and also get the farmers to be even more pr
countries in the middle east and many other countries in the world and all the countries in europe except france can easily move into dependence on imported food which is huge volumes a good bet it will trade it without any politics or any anxiety so provided there is enough water in the global system that is not only the water we can see and drink water we can pump and move from the ground water off from the river or the water in the soil profile which nobody people don't count but which is...
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everybody followed the us elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political sphere and therefore i believe for a long time coming there's not going to be a chinese century while alexander what about the middle class what it would be said about the middle class because that's the power of the west traditionally. yes i mean the middle class is very strong in the west pretty is the right there are problems we have a declining middle class that is something we have to fight but for the time being . we are both the most competitive societies and the most equitable societies if you look at the distribution of income in china in russia in brazil you will see that the first the people a
everybody followed the us elections it was a very tight race between president obama and mitt romney in france we had a new president elected and people followed that in russia there was an election but not much choice and in china there wasn't even the pretended they didn't pretend to elect a new leader they just put someone there and people don't want that people want democracy people want to say people want to play a role in their societies china does not offer that to them in the political...
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Dec 9, 2012
12/12
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CSPAN
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., britain, france, spain. >> a very interesting question. i think my first response would be to say i'm not sure so much that all forms of slavery disappeared as so much evolved in transition. obviously, there were laws passed that made a certain thing illegal. from a paper law stand point certain things disappeared. but the case of bonded labor it showed that things did not disappear but adapt to a different set of laws and climate. then evolved around those hurdles to continue to effect the same kind of mode of exi ployation. as to whether f there was a point in the past where producers were faced with a scenario where one set of nonslave-like labor bake more economic efficient there are certainly few instances. i think the historians here would probably have those more in their head than i do. particularly in case where is laws with penalties were perceived to be enforced. then the perception is that form of exploitation is no longer beneficial. we either have to evade it and try to do something similar or adopt for legitimate labor and l
., britain, france, spain. >> a very interesting question. i think my first response would be to say i'm not sure so much that all forms of slavery disappeared as so much evolved in transition. obviously, there were laws passed that made a certain thing illegal. from a paper law stand point certain things disappeared. but the case of bonded labor it showed that things did not disappear but adapt to a different set of laws and climate. then evolved around those hurdles to continue to...
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there were hundreds like fronts was that this charity event a recent concerning poverty in france produced some shocking figures we have. to ask the french if they felt they were heading that way only eleven percent of the french consider themselves being below the poverty line but thirty seven percent say they feel they are becoming poor the french feel that their country is slipping into decadence and social stratification is taking place. christmas is many things to many people some of the atmosphere or make you healthy you wrote for others it's about finding a means of survival regardless of the financial state that next year will be better than the previous and maybe those in peril now may join enjoying the spectacular eliminations next christmas. reporting from paris. skies or is a man who lets no one off the hook for cultivating the gap between rich and poor here's what's coming up later this hour. no stranger to exploitation and colonisation they've been ignored and they have developed some interesting products in the telecommunications kenyan phone market is leapfrog over the trad
there were hundreds like fronts was that this charity event a recent concerning poverty in france produced some shocking figures we have. to ask the french if they felt they were heading that way only eleven percent of the french consider themselves being below the poverty line but thirty seven percent say they feel they are becoming poor the french feel that their country is slipping into decadence and social stratification is taking place. christmas is many things to many people some of the...
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Dec 26, 2012
12/12
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burden the east and the west is flat plains, so germany had a war over the century with germany or france or that area and poland and because germany was a continental power sandwiched between the maritime europe on one hand and the heartland towards the other it was always problematic which we it would go and how it would develop. i can across this book by accident in early 1989. the berlin fall with -- berlin wall would fall but november. it had occurred to me after reading this book and other books that the berlin wall or the dividing line between eastern and western germany was one. creation of german history that would reinvested soften different territory always in the future so today we have a united germany that trades immensely with poland and has had a wretch most wall -- to approach what and where the european union and the nato or meant to keep russia out and the germans down now they are triumphant economically. germany may not have the solution to every economic problem but to berlin is the point of arbitration for all of them so the question arises and this goes back to the
burden the east and the west is flat plains, so germany had a war over the century with germany or france or that area and poland and because germany was a continental power sandwiched between the maritime europe on one hand and the heartland towards the other it was always problematic which we it would go and how it would develop. i can across this book by accident in early 1989. the berlin fall with -- berlin wall would fall but november. it had occurred to me after reading this book and...
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Dec 11, 2012
12/12
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CNBC
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than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is expected to lunch a new bond bike program to replace the operation twist that expires at the end of this month, the goal to keep rates low, possibly soften the blow from any risk of the u.s. going over the fiscal cliff. but bernanke did warn last month that the fed couldn't offset that shock. how small is the risk that they don't deliver what credit markets and investors expect? >> i think it's pretty clear that they will continue with the forward guidance, keeping rates low until 2015, keeping accommodate addition until fundamentals pick up, but also just keeping on buying 37 we expect ab
than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is...
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of construction gas from owns a fifty percent of the south stream pipeline the rest is split between france and germany and easily yet many in europe question whether it's even needed it's the overall cost of more than twenty billion dollars makes it one of the most expensive allergy supply systems on earth and critics say that's too much especially in times of the global economic recession but that skepticism one stop a project which promises choice and security long into the future. asia is seeing a bottle for resources as well was the two powerhouses china and india an easing of a fuel to feed their growing hunger but as a nation squabble over who gets the biggest slice of the oil and gas cakes they could be others waiting to sneak in and pinched a lot. of workers going off reports new delhi and beijing are heading for game over if they don't find common ground. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess that nation
of construction gas from owns a fifty percent of the south stream pipeline the rest is split between france and germany and easily yet many in europe question whether it's even needed it's the overall cost of more than twenty billion dollars makes it one of the most expensive allergy supply systems on earth and critics say that's too much especially in times of the global economic recession but that skepticism one stop a project which promises choice and security long into the future. asia is...
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Dec 3, 2012
12/12
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CNBC
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this followed the downgrade to france last week by moody's. the fsf has taken the standpoint that they need to be a top rated agency, not necessarily aaa, but they could find a way to make themselves aaa, but they've decided to accept the rating of aa plus. it doesn't really change an awful lot. it wasn't a huge surprise. and as we go in next year, we'll have the composite. so it doesn't make the funding arithmetic any different. it doesn't change the levels dramatically because the market already can discounted these events. >> so what's the trade as we go into the pre-christmas period? what's the trade, where is the tail wind? >> the trade is to stay long risk. i think at some point over the course of next year, we'll have issues. my opinion is that we stay risk on through to the middle of january of next year. and one of the reasons for that is that we do have as usual a big payout of coupons and redemptions through january. you've got about 100 billion of cash coming back into the market. so i think february is the month where we could hav
this followed the downgrade to france last week by moody's. the fsf has taken the standpoint that they need to be a top rated agency, not necessarily aaa, but they could find a way to make themselves aaa, but they've decided to accept the rating of aa plus. it doesn't really change an awful lot. it wasn't a huge surprise. and as we go in next year, we'll have the composite. so it doesn't make the funding arithmetic any different. it doesn't change the levels dramatically because the market...
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construction on a fifty percent of the south stream pipeline the rest is split between eataly germany and france yet many europe question whether this project is even needed the overall cost of construction is somewhere around twenty billion dollars and that makes it one of the most expensive and supply systems on earth and many critics believe that that's too much especially in times of the global economic recession but still that skepticism one stop a project which promises choice and security long into the future of. asia is saying a bunch of horror sources as well with the to move regional powerhouses china and angel needing fuel to feed their growing hunger but as nations score well over who gets the biggest slice of the oil and gas cakes they could be others waiting to sneak in and pinch the lot. new delhi and train heading for a game over if they don't find common ground. as china and india rise economically their military muscles are growing as well both need energy to keep that kind of growth going and that may be putting the two asian giants on a collision course because of the mess th
construction on a fifty percent of the south stream pipeline the rest is split between eataly germany and france yet many europe question whether this project is even needed the overall cost of construction is somewhere around twenty billion dollars and that makes it one of the most expensive and supply systems on earth and many critics believe that that's too much especially in times of the global economic recession but still that skepticism one stop a project which promises choice and...
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Dec 23, 2012
12/12
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CNNW
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gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really since it's largely the same popular culture worldwide. england and wales are exposed to cultural influences as the u.s. yet, their rate of gun homicide is some 3% of ours. the japanese are at the cutting edge of the world of video games, yet the u.n. puts their gun homicide rate at close to zero. why? well, they have one of the most restrictive series of gun laws in the world. when looking internationally, it is obvious that the one feature of america that would explain why we have so much more gun violence than the rest of the rest of the world is that
gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really...
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Dec 19, 2012
12/12
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CNBC
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they had inflows of 30, 40 billion swiss francs. the interest rates now are more like dolores 3 billion to $4 billion. the flows have come down significantly. and i think most of the inflows are coming from markets which are remote like in asia and -- and in the u.s. where maybe the reputation is not so much in damage ads it is in europe and switzerland in particular. >> definitely. dirk, i think it's fascinating. when we saw barclays being slapped this massive fine over the summer, saw this major witch-hunt going on in the u.k. so so far, and i've basebaeen following the swiss press, there's no major calls for mr. monti to step down. of course, they weren't necessarily with the bank when all this manipulation happened. someone's going to take responsibility, right? >> yeah. i think this would be really harsh on the -- on the top management. the top management is only in charge since 2011. so clearly after the libor manipulation is over and -- i think we'll see something like 35 traders being charged for this, and i think this is pr
they had inflows of 30, 40 billion swiss francs. the interest rates now are more like dolores 3 billion to $4 billion. the flows have come down significantly. and i think most of the inflows are coming from markets which are remote like in asia and -- and in the u.s. where maybe the reputation is not so much in damage ads it is in europe and switzerland in particular. >> definitely. dirk, i think it's fascinating. when we saw barclays being slapped this massive fine over the summer, saw...
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Dec 10, 2012
12/12
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CNBC
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so, obviously, we look at our figures in swiss francs. but because we are, again, operating in so many countries, having local costs, local currency costs as well as local currency revenues, we don't have any dilution of our profitability because of the strength of the swiss franc. so, actually, the more the swiss franc appreciates, you know, it has absolutely no effect on our profitability. it has an effect on the translation standpoint that it's stronger on the basis. >> okay. some interesting points. i think what's interesting is when you come here, we got a meeting today, kelly, of the account and they're going to approve pakistan later. but working on the bits of the doha rounds. one of the things that's going to be interesting is particularly the supply chaines and global exports. that's one of the things they think they can get pretty good progress on. for example, good at a port. why does the kaber have to be held up for sort of a week or two weeks and not put straight into the country? a lot of international countries saying that
so, obviously, we look at our figures in swiss francs. but because we are, again, operating in so many countries, having local costs, local currency costs as well as local currency revenues, we don't have any dilution of our profitability because of the strength of the swiss franc. so, actually, the more the swiss franc appreciates, you know, it has absolutely no effect on our profitability. it has an effect on the translation standpoint that it's stronger on the basis. >> okay. some...
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Dec 15, 2012
12/12
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CSPAN2
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the juvenile from a climaxed during subsequent visits to england and france. in london he attended a gala luncheon with the head of the canadian pacific railway and even better he met sir robert powell, founder of the boy scouts. when he was in paris seesaw around the world in 80 days, a very popular stage version of the novel that had been playing for decades. he watched a copy of the novel being printed expressly for him down in gold and embossed with his name on the cover. he then met jules verne's grandson who escorted him to grandfather's grave. they're surrounded by local boy scouts he later wreath with the message in memory of jules verne, from his greatest admirer . avoided aviation in order to make some kind of point about their place in the world. bicyclist who were not from the western imperial powers began to rebound and the bicycle as a peaceful way to see the world. certain cycle the world from 1901-1904, gathering admiring newspaper accounts as he did so, but because he did not publish his own narrative of the journey, he remained better known w
the juvenile from a climaxed during subsequent visits to england and france. in london he attended a gala luncheon with the head of the canadian pacific railway and even better he met sir robert powell, founder of the boy scouts. when he was in paris seesaw around the world in 80 days, a very popular stage version of the novel that had been playing for decades. he watched a copy of the novel being printed expressly for him down in gold and embossed with his name on the cover. he then met jules...
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Dec 28, 2012
12/12
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CNBC
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france shared fourth place. still, there were no italian places on the top ten places of the most instagrammed places in the world. yet the top two places most snapped and shared on instagram may surprise you. they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might
france shared fourth place. still, there were no italian places on the top ten places of the most instagrammed places in the world. yet the top two places most snapped and shared on instagram may surprise you. they were the shopping mall in bangkok, thailand, and that city's suvar nabumi airport. we asked where are you headed this year? italy, bangkok? john says i would like to travel to rome and check out the art and buildings there. and someone else is interested in architecture. jeff tweets...
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and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it they don't know sarkozy didn't know and obviously they are pathetic francois hollande also doesn't know how to pay these bills so the problem is and when you when you see the bric countries where social services and help for the poor it's legs away behind even the club med countries you know if that's even more complicated like in brazil for instance if you are poor if you don't have private social security you have to go to a state hospital and you spend like six months or eight months in a bloody key you know waiting to get a ticket so you can have an operation and this and we're talking about the six largest economy in the world you know obviously they don't have enough funds to support social security system for almost two hundred million people the country still basically a poor country with pockets of one percent all over just like china just like russ
and if you compare their social services to the countries in the north sea is the legs behind them france which is more or less the middle term between the mad in the scandinavians you know will survive but how they're going to pay it they don't know sarkozy didn't know and obviously they are pathetic francois hollande also doesn't know how to pay these bills so the problem is and when you when you see the bric countries where social services and help for the poor it's legs away behind even the...
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Dec 21, 2012
12/12
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CNBC
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france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new energy boom, if we look at europe, if we think about europe developing, we should resist fragmentation, each country doing in a different direction. there might be some best in the short-term, but in the long-term, it's not positive. so i hope the european union will remain in the european union. >> and we got similar comments from the uk. he believes the uk will not leave the european union and say that would be damaging for both the country and also for europe. so i think, kelly, you got the message. stay with us unless,
france needs to reform. that's the view from a lot of french deals, including from the ceo of so thee generale. i caught up with him about societe generale and also the uk situation. is the uk going to leave the european union and what would be the consequences for the finance industry in europe. >> i'm really supportive of the united kingdom remaining in the european union. i think, again, when you look at the brix countries such as china, india, brazil, which would benefit from this new...
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Dec 29, 2012
12/12
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LINKTV
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russian president dmitry medvedev has ordered an investigation into the accident. >>> france's highest constitutional authority has struck down the centerpiece of the president's policy. the 75% tax rate was part of the socialist government's platform for bringing down the budget deficit. he came to power in may promising to levy the tax on those earning more than a million euros per year, $1.3 million. the tax would affect about 1500 high earners. the constitutional council which oversees all legislation it said the new law was not fair because it applies to individuals and not households. the french prime minister said the government would introduce a new version of the law. >> we will implement measures to respect the commitment of the president of the republic. it will take into account the rejection of the constitutional council and apply the 2013 incomes and will have to be voted. >>> in macedonia, thousands of protesters gathered outside of the headquarters of the right wing ruling party, demanded the prime minister's resignation. the rally is a combination of days of protests t
russian president dmitry medvedev has ordered an investigation into the accident. >>> france's highest constitutional authority has struck down the centerpiece of the president's policy. the 75% tax rate was part of the socialist government's platform for bringing down the budget deficit. he came to power in may promising to levy the tax on those earning more than a million euros per year, $1.3 million. the tax would affect about 1500 high earners. the constitutional council which...
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Dec 8, 2012
12/12
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CSPAN2
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we did catch up to germany, france and japan. just heard this morning cioppino celebrating the 50th anniversary of their bullet train. we cannot allow china to surpass us in our next generation of infrastructure. tourists across the world will visit our high-speed rail to marvel at our civic engineering and technological prowess. this is not just at a transportation company changing the revitalization along the cities along the route. in conclusion, it is clear support the high-speed rail california. the federal program will help make it possible. what we need now is fishing. but we need now is leadership. what we need now is believed that the people of california in this country want us to invest in this type of transportation option. thank you, mr. chairman. i yield back. >> i think most of the members for joining us. welcome to join us if you think kiefer questions. we'll excuse you at this time as we bring secretary of the hood of who is witness. our second panelist is the secretary of transportation, former member of this pa
we did catch up to germany, france and japan. just heard this morning cioppino celebrating the 50th anniversary of their bullet train. we cannot allow china to surpass us in our next generation of infrastructure. tourists across the world will visit our high-speed rail to marvel at our civic engineering and technological prowess. this is not just at a transportation company changing the revitalization along the cities along the route. in conclusion, it is clear support the high-speed rail...
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Dec 5, 2012
12/12
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CNBC
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up against the swiss franc and up against the yen. been talking about the chancellor george osborne today. the british finance minister expected to ramp up fiscal titan numbers. he specifically might take another pop at the property market. many experts say it's hurt the residential market in greater london. today he might stick another percent on that stamp. he might raise it over 1%. joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted today, he says figures show we've had a 53% decrease in greater london property sales between 2 and 5 million. is it all stamp duty? how much of an impact do you think it's had? >> i think stamp duty was really the nail in the coffin for that part of the market during this period. i mean certainly there is a struggle there in terms of the economy and there is uncertainty in order to make a big investment like that. people are a little bit nervous. i think the caution now is not so much the actual figure, which obviously don't's things particularly ju
up against the swiss franc and up against the yen. been talking about the chancellor george osborne today. the british finance minister expected to ramp up fiscal titan numbers. he specifically might take another pop at the property market. many experts say it's hurt the residential market in greater london. today he might stick another percent on that stamp. he might raise it over 1%. joining us is sue foxley. good to see you. thanks so much for joining us. mark field says -- he's quoted...
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Dec 9, 2012
12/12
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CSPAN2
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he and his wife go to france because nay want a chance at a normal life. they have a young daughter, and in the summer, the family gathers for a reunion, first time everyone's been together in some time. there's been arguments. there's an argument that you would have if you were 25 years old or 27 years old and married and dealing with extended relatives staying with you, i suppose. he leaves, and he and his family go back to the house, and the next morning, he's dead. >> dead of a poisen that he and your father carried with them in event they were kidnapped or arrested by the army. >> uh-huh. >> this was something provided to them, they were told it would take their lives quickly if mixed in another liquid and would not be easily traceable. as you go back and investigate, you discover that, in fact, the record, the police report in france, confirm he died of the poisen. >> of the poisen. >> but you describe you found the confessions or the interview statements of hahana and say you don't know what to make of them. >> suffering at the hands of the pakistan
he and his wife go to france because nay want a chance at a normal life. they have a young daughter, and in the summer, the family gathers for a reunion, first time everyone's been together in some time. there's been arguments. there's an argument that you would have if you were 25 years old or 27 years old and married and dealing with extended relatives staying with you, i suppose. he leaves, and he and his family go back to the house, and the next morning, he's dead. >> dead of a poisen...
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Dec 17, 2012
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they could put charges of over 500 million francs. carolin has more out for us out of europe. >> hey, ross. let's take a look at the market reaction. initially, the reaction on the markets is quite subdued. now accelerating its declines, off by 7.1%, the second worst decliner on the market. let's come back to holcim. it is responding to the sluggish construction environment in europe and that is why it's restructuring its european operations. it is taking a $440 charge on write-offs for property plan and equipment. on top of that, it sees an additional 1100 million swiss francs in costs for the fourth quarter. so the overall hit to the fourth quarter will be 500 million swiss francs. it does say that the rebound will save around $120 million swiss francs annually. but overall, analysts are surprised about the size of the additional write-offs that will be booked in the fourth quarter. but holcim is trying to reassure investors this morning, saying there is still potential for a dividend payout for 2012 but that decision will be taken
they could put charges of over 500 million francs. carolin has more out for us out of europe. >> hey, ross. let's take a look at the market reaction. initially, the reaction on the markets is quite subdued. now accelerating its declines, off by 7.1%, the second worst decliner on the market. let's come back to holcim. it is responding to the sluggish construction environment in europe and that is why it's restructuring its european operations. it is taking a $440 charge on write-offs for...
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britain and france summoned israeli ambassadors amid speculation both countries could recall their envoys from israel and the plans for new settler homes. the u.n. says israeli settlement expansion could deal and almost. all the details coming out . despite differences russia and turkey look at working together to solve the syrian conflict president putin visits istanbul as tensions flare on the turkey syria border. today with. the usual young unemployed in the u.k. despair of ever finding a job with a government billion pound flagship scheme seemingly making matters worse. broadcasting live from moscow twenty four hours a day you're watching r.t. the u.k. and france have summoned israel's ambassador to israel plans to build three thousand more secular homes on disputed land in east jerusalem and in the west bank in an unprecedented move the two nations are also reportedly considering recalling their envoys from tel aviv. reports. in the immediate run up to that you wouldn't vote we did see the rhetoric from the israeli government in terms of the threat of sanctions being turned down the
britain and france summoned israeli ambassadors amid speculation both countries could recall their envoys from israel and the plans for new settler homes. the u.n. says israeli settlement expansion could deal and almost. all the details coming out . despite differences russia and turkey look at working together to solve the syrian conflict president putin visits istanbul as tensions flare on the turkey syria border. today with. the usual young unemployed in the u.k. despair of ever finding a...
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than the greece should never got into the euro zone it just is not a comparable country to germany or france or anything like that i think though that that it that is the whole reason for its problems it of the greek government has not been honest about the state of its finances you know it has a public sector that is extremely large they have a difficulty in collecting taxes from people who want to be paying their taxes so there's all sorts of problems underlying that and if you take on the other hand to a country like spain spain was actually in surplus prior to this crisis it wasn't you know growth overspending but its banking system is in deep deep trouble as was the irish banking system so i think this is all more complex you know it's not it's not a simple where you know thing if the joint if they haven't joined the euro zone little been all right and yet the example of greece is expansion at any cost right because greece's financial situation wasn't fit for it to be allowed to join the euro zone and yet it was allowed in anyway what i think if you look back at the whole formation of t
than the greece should never got into the euro zone it just is not a comparable country to germany or france or anything like that i think though that that it that is the whole reason for its problems it of the greek government has not been honest about the state of its finances you know it has a public sector that is extremely large they have a difficulty in collecting taxes from people who want to be paying their taxes so there's all sorts of problems underlying that and if you take on the...
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ng so they had a stability and growth pact but the first two countries to break it were germany and france and it fell apart now because no they're realizing all the problems that they were buried in the good times you know ten or twelve years ago and no become apparent as we enter some pretty bad times i listed ali thank you very much like a. thank you. in his secret laboratory kirby was able to build the world's most sophisticated robot which on fortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans in the world this is why you should care only on the dot com. deadly rivals for decades. if a good fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will cut myself am i going to tax my brother understand my contact immediately. going to leave basically attack the cops of my anger and my frustration. got up into the dome. to have the most violent gangs in us history. is just all model kill or be killed with the colors matching the natio
ng so they had a stability and growth pact but the first two countries to break it were germany and france and it fell apart now because no they're realizing all the problems that they were buried in the good times you know ten or twelve years ago and no become apparent as we enter some pretty bad times i listed ali thank you very much like a. thank you. in his secret laboratory kirby was able to build the world's most sophisticated robot which on fortunately doesn't give a darn about anything...
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france and britain reportedly want their ambassadors out of israel of the country's plans to colonize more palestinian lands and withdraw aid. the u.n. says israeli settlement expansion could deal and almost fatal blow to peace all the details coming up. as border tension flares again between turkey and syria the conflict is expected to be addressed during it in straight visit to istanbul. and the british jobs program that's just not working as it's revealed it actually makes it even less likely to keep people employed. on air and online twenty four seven you're watching r t i'm carrie johnston on top story now france and britain have someone to be israeli ambassadors in their countries to get answers over why more settlements have been authorized in disputed lands east jerusalem and as both countries are now considering recording their own envoys un and the e.u. said the construction plans pose a threat to peace hopes of middle east correspondent. in the immediate run up to that you wouldn't vote we did see the rhetoric from the israeli government in terms of the threat of sanctions
france and britain reportedly want their ambassadors out of israel of the country's plans to colonize more palestinian lands and withdraw aid. the u.n. says israeli settlement expansion could deal and almost fatal blow to peace all the details coming up. as border tension flares again between turkey and syria the conflict is expected to be addressed during it in straight visit to istanbul. and the british jobs program that's just not working as it's revealed it actually makes it even less...
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Dec 29, 2012
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. >> the president of the central african republic has appealed to france and the u.s. for help against a rebel coalition that has vowed to topple his government. france has declined to intervene against the rebels who have already taken several towns and are now advancing on the capital. >> heavy snow has paralyzed large parts of eastern canada. in montreal, traffic came to a virtual standstill. police are telling people to stay at home, as some areas are expected to receive almost half a year of additional snow. well, we are going to a short break. after we come back, we will look at europe's crisis year 2012. >> we will find out how it will be a year to forget for one of germany's top swimmers. stay with us. >> welcome back. in just three days' time, we will be seeing up the old year and welcoming in the new, but before that, we will be taking the chance to reflect on some of the main events of the task 12 months. >> in europe, it was all about the debt crisis. greece and spain were the worst hit. >> eventually, it was the european central bank's controversial bond-b
. >> the president of the central african republic has appealed to france and the u.s. for help against a rebel coalition that has vowed to topple his government. france has declined to intervene against the rebels who have already taken several towns and are now advancing on the capital. >> heavy snow has paralyzed large parts of eastern canada. in montreal, traffic came to a virtual standstill. police are telling people to stay at home, as some areas are expected to receive almost...
WHUT (Howard University Television)
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Dec 28, 2012
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this, france, is what the president of the governing congress party had to say. >> our thoughts are with the young woman who is fighting for her life after this attack. and our wish today is that she recovers and that she -- >> those are of sympathy. but also talk of new legislation. is that what people think are needed, or just currently putting the proper laws that exist into practice. >> i think a lot of effort is focused on trying to insure that the laws that do exist are exercised by people. the police forces and the courts. the biggest reform measure of the government's picking up on the back of these protests is the fact that they're trying to now make sure that rape cases are tried in fast track courts. india's judicial center is flawed and what tends to happen is a lot of women who are victims of rape simply stop testifying because, you know, they just want to forget the incident on move on with their life. or their fear of retribution and intimidation. it's not unknown for people accused of rape to get away completely in the last year france, there's only been one conviction of
this, france, is what the president of the governing congress party had to say. >> our thoughts are with the young woman who is fighting for her life after this attack. and our wish today is that she recovers and that she -- >> those are of sympathy. but also talk of new legislation. is that what people think are needed, or just currently putting the proper laws that exist into practice. >> i think a lot of effort is focused on trying to insure that the laws that do exist are...
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. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side of it disappointed, the services was stronger. while services is a big part of the economy, it's where we're trying to see the rebalancing in the german economy happen. from that point of view, probably a rather encouraging development. >> it is interesting. it's also very exportwise. what we saw on these numbers was german exports falling sharply again. and this is just signaling that global economic conditions, soft patch very weak, particularly for the region -- i'm sorry, within the eurozone itself. >> and it's consistent with the weakening global demand we're seeing out of japan a
. >> not great news for france if we start to look at some of the indexes. there's a lot of focus on this economy. >> exactly. and the weakest spots, given that it's the second largest economy. now, we did see that return to growth for germany, which is a positive and will be a good gain forward. but say order box, very weak. demand, very weak. business confidence very weak and this is going to be hitting activity indicators going forward. >> even though the manufacturing side...
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it's allowed to trade as a bank in france right so i look at the example of micro financing it totally transformed the banking industry in bangladesh. women were able to get money micro loans to take them out of poverty and it was so successful that the big banks swooped in and they destroyed that industry and the nobel prize winning inventor of the industry was thrown tossed to the curb. so this is unfortunately you're dealing with an entrenched monopolist oligarchies that will stop at nothing to prevent competition from coming to the fore if these new technologies and platforms gain critical mass then the banks will stop at nothing to get rid of competition that's that's unfortunately we have a no look up only in place i do think you know they could try all they want but there is a different sector there are people who know how to code right there are people who know. how to innovate there are people and innovation is important as the mother of the necessity is the mother of invention and this is what and you whole thing does point out he says necessity is often the mother of inventi
it's allowed to trade as a bank in france right so i look at the example of micro financing it totally transformed the banking industry in bangladesh. women were able to get money micro loans to take them out of poverty and it was so successful that the big banks swooped in and they destroyed that industry and the nobel prize winning inventor of the industry was thrown tossed to the curb. so this is unfortunately you're dealing with an entrenched monopolist oligarchies that will stop at nothing...